City of Surrey 2020-2024 Financial Plan

First page Table of contents Next page Last page
2020-2024 Financial Plan1
Table of Contents4
Executive Overview7
Reader's Guide7
Message from the General Manager, Finance9
Approved Supplemental Funding Information14
Budget Summary15
Strategic Framework16
Financial Planning Process24
Community Profile29
Surrey's History29
Population and Growth Statistics34
Business and Industry37
Taxes, Utilities and Assessments42
Educational Services44
Health and Safety Services46
Organizational Profile49
City Government and Administration49
Organizational Objectives52
Organizational Governance55
Integrated Planning Model60
City of Surrey Corporate Functions61
Staffing Complement Summary62
Financial Overview65
Economic Overview65
Major Revenue Sources70
Source and Application of Funds76
Overview of Fund Structure78
Consolidated Financial Summary82
General Operating Fund95
Overview95
Financial Summary96
Department Overviews105
Mayor, Council and Grants105
City Manager117
Corporate Services127
Engineering Services143
Finance157
Fire171
Investment and Intergovernmental Relations187
Parks, Recreation and Culture197
Planning and Development217
Policing Transition233
RCMP243
Surrey Public Library255
Utilities Operating Funds265
Overview265
Financial Summary266
Utility Operating Fund Overviews269
Drainage Utility269
Parking Utility281
Transportation (Roads and Traffic Utility)291
Sewer Utility303
Solid Waste Utility315
Surrey City Energy Utility327
Water Utility337
Capital Program349
Contribution and Expenditure Overview349
Capital Planning Process354
Ranked Capital Projects356
2020 Capital Program362
5-Year Capital Program364
Financial Summary364
General Corporate367
Parks, Recreation and Culture368
Protective Services370
Roads & Traffic (Transportation)371
Water Services372
Sewer Services373
Drainage Services374
Glossary of Terminology377

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